finding the cost of the item and the dollar markup

Mathematics
Tutor: None Selected Time limit: 1 Day

bargains galore sells a cappuccino machine for 110$. this retailer uses a 5% markup based on cost for this type of merchandise.

calculate the following (round your to the nearest cent)

cost of the item=$

cost of the dollar markup=$

Apr 26th, 2015

cost of the item=$110*100/105=$105

cost of the dollar markup=$105*5/100=$5


Apr 26th, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Apr 26th, 2015
...
Apr 26th, 2015
Dec 4th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer